subject
Business, 16.04.2020 03:52 aquez356

Under the pre-2019 accounting standards, GAAP identifies two different approaches in the reporting of leases by the lessee: capital and operating. Which of the following best describes the effects of leasing on the financial statements of the lessee?A Lease Type: Operating; Assets: Increased; Liabilities: Increased; Expenses: Depreciation and InterestB Lease Type: Capital; Assets: Increased; Liabilities: Increased; Expenses: RentC Lease Type: Operating; Assets: None; Liabilities: None; Expenses: RentD Lease Type: Capital; Assets: None; Liabilities: None; Expenses: RentE Lease Type: Operating; Assets: None; Liabilities: None; Expenses: Depreciation and Interest

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:00
The new york stock exchange is an example of what type of stock market?
Answers: 1
question
Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
Answers: 1
question
Business, 22.06.2019 16:00
Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?
Answers: 3
question
Business, 22.06.2019 19:40
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
You know the right answer?
Under the pre-2019 accounting standards, GAAP identifies two different approaches in the reporting o...
Questions
question
Computers and Technology, 05.07.2019 07:00
question
Mathematics, 05.07.2019 07:00
question
Mathematics, 05.07.2019 07:00
Questions on the website: 13722363